Sell-Off of Inventory. Upon termination of this Agreement, Knight shall be entitled to sell off any inventory of the Licensed Products in Knight’s possession or control or which are subject to binding purchase orders on the date such termination is effective.
Appears in 2 contracts
Samples: Distribution, License and Supply Agreement (Synergy CHC Corp.), Distribution, License and Supply Agreement (Synergy Strips Corp.)
Sell-Off of Inventory. Upon termination of this Agreement, Knight shall be entitled to sell off any inventory of the Licensed Products in Knight’s 's possession or control or which are subject to binding purchase orders on the date such termination is effective.
Appears in 1 contract
Samples: Distribution, License and Supply Agreement (Ember Therapeutics, Inc. - Ny)
Sell-Off of Inventory. Upon termination of this AgreementAgreement pursuant to Section 11.3, Knight shall be entitled to sell off any inventory of the Licensed Products in Knight’s possession or control or which are subject to binding purchase orders existing on the date such termination is effectiveeffective so long as Knight has fully paid, and continues to fully pay when due, any royalty and milestone payments owed to Licensor.
Appears in 1 contract
Sell-Off of Inventory. Upon termination of this Agreement, Knight shall be entitled to sell off any inventory of the Licensed Products in Knight’s possession or control or which are subject to binding purchase orders existing on the date such termination is effective.
Appears in 1 contract
Samples: License and Supply Agreement (Onconova Therapeutics, Inc.)
